Dominica is a thriving location in the Caribbean region. There are four main ways to obtain a passport. Thus, there is a birthright, a naturalization procedure, a marriage to a local, and an investment. The latter is the best way for Dominica citizenship in 2024 considering the requirements and timeframe. In addition, the program was developed recently and protects the investors and their funds.
Citizenship by Investment in Dominica
If you wish to get Caribbean citizenship, consider the possibility of investment. The Imin Caribbean expert Acyr Jardim explains that it is the fastest way with the minimum set of rules, namely:
- One can donate 100,000 dollars for a single person to the local Economic Development Fund.
- One can make funding into trusted real estate of 200,000 dollars. Such projects are checked by the local authorities and the investor has to hold the purchase for at least three years.
The Dominica citizenship by investment program may include spouses, children, and other relatives. If an investor selects a donation option, then its amount will increase correspondingly to the family size. Thus, for a couple, the sum is 150,000 dollars. Three dependent persons make it 175,000 dollars.
Still, it’s the top option for immigration due to the fast-track procedure. One can get documents in three months without the need to stay in the country for some period or pass the language tests.
The basic requirements for the participants are:
- Age over 18 years.
- Legal income and an ability to prove it.
- Clean criminal record.
- Good health and valid insurance.
There are some additional fees that accompany the process of getting citizenship, such as state fees, fees for processing the request and interview, due diligence payment, and fees for the certificate of a citizen. The minimum amount for a single person comprises up to 11,000 dollars for donation and 36,000 dollars for buying property. If members of the family are included, the sum increases correspondingly to their number.
Citizenship here is given for a lifetime. The process is fast and convenient and is appreciated by businessmen who expand their opportunities and can comply with the minimum rules.
Naturalization Process for Dominica Citizenship
Those who wish to get a Dominica passport but are not ready for funding may consider this option. The criteria are as follows:
- living in a country for at least 7 years and staying permanently for one year on its territory before application;
- learn the responsibilities and rights of a citizen;
- pass international English language tests and provide a certificate with a B1 level at least;
- have a clean criminal record.
It is also accepted that a person is going to stay in the country after becoming a citizen. Thus, this type of movement should be considered as permanent.
Marriage and Dominica Citizenship
Furthermore, it is possible to obtain citizenship through marriage with a local. In this case, the marriage should last for a minimum of three years and a couple should be ready for its verification.
This is a good chance for those who have true love in the country but this is more about chance than a plan for those who wish to move to this region quickly and work or study here.
Benefits of Obtaining Dominica Citizenship
The main advantages of a second passport in Dominica listed on imin-caribbean.com include:
- free access without a need to apply for visas for more than 140 countries;
- an ability to get a B-1/B-2 visa for 10 years to the USA;
- absent of taxes for inheritance or gains in the country and royalties and interest from other regions;
- if you have a local passport, your descendants born here will become citizens instantly;
- full rights for living, studying, and working, including the launch of novel companies and opening accounts at local banks;
- an ability to have two passports at once.
The most beneficial is the program for investors as it does not have requirements for staying in the country. Moreover, the application can be done online. It also gives a perfect chance to include family members on the list and move to the desired region together.
Altogether, this Caribbean pearl is worth consideration for various reasons, including a perfect climate, a positive environment, and ample opportunities to develop for people of different ages and abilities.